Nuveen Preferred and Income ETF (NASDAQ:NPFI) Shares Up 0% – Here’s What Happened

Nuveen Preferred and Income ETF (NASDAQ:NPFIGet Free Report)’s share price traded up 0% during mid-day trading on Thursday . The stock traded as high as $26.28 and last traded at $26.27. 5,824 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 19,505 shares. The stock had previously closed at $26.26.

Nuveen Preferred and Income ETF Trading Up 0.1%

The firm’s fifty day simple moving average is $26.27 and its two-hundred day simple moving average is $26.23.

Nuveen Preferred and Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were paid a dividend of $0.243 per share. This is a positive change from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.13. The ex-dividend date was Thursday, December 18th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%.

Hedge Funds Weigh In On Nuveen Preferred and Income ETF

A hedge fund recently bought a new stake in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC bought a new stake in shares of Nuveen Preferred and Income ETF (NASDAQ:NPFIFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned 2.42% of Nuveen Preferred and Income ETF at the end of the most recent quarter.

About Nuveen Preferred and Income ETF

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The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.

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